Khani Khola Hydropower to Auction 455,345 Unsold Right Shares

Kathmandu, October 14 — Khani Khola Hydropower Company Limited has announced the auction of its 455,345 units of unsold right shares from the ordinary shareholder group. The company has invited sealed bids from interested individuals, companies, and institutions to purchase these shares.

The bidding period will begin on Kartik 12, 2082 (Wednesday) and end on Kartik 19, 2082 (Wednesday) at 3:00 PM. Earlier, the company had opened its right share issue from Shrawan 3 to Bhadra 5, 2082, but some shares remained unsubscribed. Following this, the company decided to auction the remaining shares in accordance with the Securities Issuance and Allotment Guidelines, 2074 (Directive No. 15).

According to the notice, bid forms can be obtained and submitted at the following centers:

• Citizens Capital Limited, Dilli Bazaar, Kathmandu

• Branches of Citizens Bank International Limited located in Kumari Pati, Thimi, Itahari, Biratnagar, Birtamode, Birgunj, Surkhet, Janakpur (Bhanu Chowk), Nepalgunj, Narayangadh, Dhangadhi, Pokhara (New Road), Butwal (Palpa Road), and Hetauda.

Applicants must bid for a minimum of 100 shares, while the maximum can extend up to the entire available amount or in multiples ensuring 10 applicants could fully subscribe. Each bidder must clearly mention the price per share they are willing to pay and submit the sealed bid form along with the required documents and deposit amount.

All payments and bid submissions must be made in the name of Citizens Capital Limited, the issue and sales manager. Additional details and instructions can be found on the company’s official website www.kkhpcl.com.np or Citizens Capital Limited’s website www.citizenscapital.com.np.